T1 Energy (TE) Research & Development (2023 - 2024)
T1 Energy's Research & Development was $8.62 million in Q3 2024, up 21.6% from $7.09 million a year earlier but down 17.9% from the prior quarter.
T1 Energy (TE) Research & Development (2023 - 2024) Analysis & Trends
On a trailing twelve-month basis, T1 Energy's Research & Development was $41.02 million through Sep 30, 2024; for FY2023, it came in at $28.46 million, up 109.6% from FY2022.
- In earlier years, Research & Development was $13.57 million in FY2022 (-1.8%) and $13.82 million in FY2021.
- Quarterly Research & Development has moved between $4.84 million (Q1 2023) and $11.75 million (Q1 2024) over five years.
- Compared with a year earlier, Research & Development has increased for three straight quarters.
- Per Business Quant data, TE's Research & Development in the three quarters before Q3 2024 was $10.49 million (Q2 2024), $11.75 million (Q1 2024) and $10.16 million (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 256.40 Bn | 217.48 Bn | 2.36 Bn | 334.00 Mn |
| 2 | Bloom Energy | 85.45 Bn | 77.27 Bn | 355.57 Mn | 58.87 Mn |
| 3 | First Solar | 19.01 Bn | 9.97 Bn | 605.00 Mn | 76.24 Mn |
| 4 | BWX Technologies | 12.64 Bn | 10.94 Bn | 202.31 Mn | 4.17 Mn |
| 5 | Generac Holdings | 12.53 Bn | 11.36 Bn | 521.81 Mn | 65.78 Mn |
| 6 | Nextpower | 12.03 Bn | 7.92 Bn | 335.85 Mn | 44.51 Mn |
| 7 | EnerSys | 6.62 Bn | 4.81 Bn | 313.36 Mn | - |
| 8 | Enphase Energy | 4.21 Bn | -653.40 Mn | 175.01 Mn | 45.66 Mn |
| 9 | Mirion Technologies | 3.51 Bn | 1.39 Bn | 133.10 Mn | 10.10 Mn |
| 10 | T1 Energy | 1.06 Bn | 794.91 Mn | 49.10 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 8.62 Mn |
| Jun 30, 2024 | 10.49 Mn |
| Mar 31, 2024 | 11.75 Mn |
| Dec 31, 2023 | 10.16 Mn |
| Sep 30, 2023 | 7.09 Mn |
| Jun 30, 2023 | 6.37 Mn |
| Mar 31, 2023 | 4.84 Mn |
T1 Energy Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=TE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "TE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=TE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();